Fifteen European IPSPs agree support for V.me by Visa

24 March 2014 | 2573 views | 0Source: Visa

Visa Europe has today announced new partnerships with fifteen European Internet Payment Service Providers (IPSPs), giving the V.me by Visa digital wallet service access to their extensive e-commerce merchant portfolios, and supporting the continued growth and availability of the multi-market wallet service.

The agreements increase the reach of V.me by Visa and as a result, Visa expects many more retailers to have access to V.me and be capable of processing transactions by the end of 2014.

Wendy Martin, Director of V.me by Visa, said: "We are delighted that so many leading IPSPs have committed to supporting V.me by Visa. Since the service launched in late 2013 we have seen a fantastic response from our issuers and retailers. The relationships we've announced today provide us with the scale and reach that will make V.me by Visa into a fully operational commercial service in its launch markets, with pilots underway in several others by the end of 2014.